Asset management 4P
Ended Awarded Last action
- Contract number
- 86616022F00007
- Awardee
-
Raine & Company, LLC UEI WNCDANULC217
- Awarding agency
-
Atlanta Operations Branch
Department of Housing and Urban Development
- Obligated
- $246,489
Award facts
- Contract value 100% obligated
- $246,488.54 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Assistant Secretary for Housing Federal Housing Commissioner Department of Housing and Urban Development
- NAICS code
- 531390 Other Activities Related to Real Estate
- Set-aside
- No set-aside
- Competition
- Full and Open Competition after exclusion of sources Alternative Sources
- Pricing
- Firm Fixed Price
- Place of performance
- Atlanta, GA 30305, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$758,715 | |
| Supplemental Agreement for work within scope | $349,848 | |
| Change Order | $0 | |
| Original award | $655,356 |
About this award
This federal contract award is for "ASSET MANAGEMENT 4P" services, valued at $246,488.54, and awarded to Raine & Company, LLC, a minority-owned, self-certified small disadvantaged business located in Atlanta, Georgia. The contract was awarded by the U.S. Department of Housing and Urban Development (HUD), specifically the Assistant Secretary for Housing Federal Housing Commissioner, a civilian agency.
Raine & Company specializes in comprehensive asset management services for HUD, focusing on the preservation of affordable housing and expansion of homeownership opportunities across the United States. The contract covers a range of asset management services, including financial reporting, regulatory compliance monitoring, property inspections, budgeting, and disposition assistance. This award is not associated with a set-aside designation, indicating Raine & Company's competitive capabilities in this area.
The contract is a Delivery Order under a larger Indefinite Delivery Contract (IDC) vehicle, which allows HUD to efficiently procure asset management services across diverse geographic regions through firm fixed-price task orders. Raine & Company holds multiple significant IDCs with HUD, with ceiling values ranging from $2.5 million to $39.4 million, highlighting the company's strategic importance in HUD's mission of maintaining, preserving, and managing affordable housing assets nationwide.
Quick answers
Who was awarded contract 86616022F00007?
86616022F00007 was awarded to Raine & Company, LLC by Atlanta Operations Branch (Department of Housing and Urban Development) on November 29, 2021.
How much is contract 86616022F00007 worth?
The government has obligated $246,489 on 86616022F00007.
Which agency awarded contract 86616022F00007?
Atlanta Operations Branch (Department of Housing and Urban Development) awarded 86616022F00007, with funding from Assistant Secretary for Housing Federal Housing Commissioner (Department of Housing and Urban Development).
Is contract 86616022F00007 an order under another contract?
Yes. 86616022F00007 is a delivery order under 86616021D00016, an indefinite delivery contract.
Was contract 86616022F00007 competed?
The extent of competition for 86616022F00007 was full and open competition after exclusion of sources.
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